Precio Bumitama Agri Ltd (BUMTF)

Bumitama Agri Ltd. is an investment holding company, which engages in the cultivation of oil palm trees. The company is headquartered in Jakarta Selatan, Dki Jakarta. The company went IPO on 2012-04-12. The firm is mainly engaged in the upstream processes of the palm oil business through milling of fresh palm fruit bunches (FFB) harvested from across its plantations. As an upstream producer, the Company sells its products locally to buyers for further processing in refineries. The company is engaged in the cultivation of oil palm trees, as well as the harvesting and processing of FFB into crude palm oil (CPO) and PK. The firm has a total of 17 mills with a total planted area of approximately 186,000 hectares across the Indonesian provinces of Central Kalimantan, West Kalimantan, and Riau. Its processing capacity is approximately 6.99 million metric tons annually. Its mills include Pundu Nabatindo Mill, Katari Agro Mill, Gunung Makmur Mill, Bukit Makmur Mill, Sungai Cempaga Mill, Selucing Mill, Kotawaringin Mill, Lamandau Mill, Tonam Raya Mill, Suka Damai Mill, Membuluh Sejahtera Mill, and others.